Japan Unemployment Rate News Event – a possible $100 movement on AUDUSD

Based on the last 12 Unemployment Rate events in Japan, we expect a $100 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend upwards for 12 hours because the released value is > 2.3%

Historical events that allowed us to draw this conclusion

31 Jul 00:30
29 Jan 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).